Stock Market Live December 12: Trump to Ease Marijuana Regulation, S&P 500 (VOO) Flat

This nonfiction volition beryllium updated passim the day, truthful cheque backmost often for much regular updates.

The Vanguard S&P 500 ETF (NYSEMKT: VOO) ended up gaining a humble 0.25% connected Thursday, 1 time aft the Federal Reserve chopped involvement rates by the expected... 0.25%. Just a coincidence, I'm sure. And it's a coincidence, too, that with zero involvement complaint cuts remaining successful 2025, the Voo is precisely level premarket today.

That doesn't mean there's nary quality to report, however.

The biggest quality today, for a definite people of investors astatine least, is that The Washington Post is reporting President Trump plans to reclassify marijuana arsenic a Schedule III drug, importantly easing restrictions connected the drug's possession and use. From an investing perspective, this volition licence banks to work marijuana companies and states to modulate the drug. Trump could contented his bid arsenic soon arsenic adjacent month, reports CNBC, and caller national regulations could contented from the Drug Enforcement Agency arsenic aboriginal arsenic this coming summer.

Shares of starring cannabis stocks specified arsenic Aurora Cannabis (Nasdaq: ACB), Canopy Growth (Nasdaq: CGC), and Tilray (Nasdaq: TLRY) are soaring connected the news, up 20%, 25%, and 38% premarket.

Meanwhile successful tech, Nvidia (Nasdaq: NVDA) whitethorn summation accumulation of its H200 artificial quality chip, its second-fastest AI chip, purpose-built for merchantability successful China and taxable to a 25% export tariff by the U.S. President Trump said Tuesday the U.S. volition licence Nvidia to export H200 chips to China.

Nvidia investors similar the move, and Nvidia banal is up 0.5% premarket.

• President Trump plans to reclassify marijuana arsenic a Schedule III cause successful January.

• Simplifying and easing the rules surrounding weed could instrumentality respective much months.

• If you’re reasoning astir retiring oregon cognize idiosyncratic who is, determination are 3 speedy questions causing galore Americans to recognize they tin discontinue earlier than expected. instrumentality 5 minutes to larn much here

In different tech news, Broadcom (Nasdaq: AVGO) bushed net by 8 cents past night. The chipmaker reported fiscal Q4 2025 net of $1.95 per share, and bushed gross estimates by $500 cardinal with $18 cardinal successful quarterly sales.

Broadcom besides guided higher for fiscal Q1 2026, saying gross should beryllium $19.1 billion, besides up of estimates -- but seemingly not up enough. Broadcom shares are down 5% premarket.

Most Americans drastically underestimate however overmuch they request to discontinue and overestimate however prepared they are. But information shows that radical with 1 wont person much than double the savings of those who don’t.

And no, it’s got thing to bash with expanding your income, savings, clipping coupons, oregon adjacent cutting backmost connected your lifestyle. It’s overmuch much straightforward (and powerful) than immoderate of that. Frankly, it’s shocking much radical don’t follow the wont fixed however casual it is.